Skystar
Topic Author
Posts: 1339
Joined: Thu Jan 13, 2000 3:58 pm

Who Owns Iberia?

Tue Sep 25, 2001 2:54 pm

I had a look at Iberia's "Noah's Ark" fleet, and then I tried to find financial information on the airline - to no avail.

Who owns Iberia? Are they state owned, because I can't believe they can fly around with such a fleet, and be sustainable. Their other costs can't be so super low to offset the aircraft costs, can they?

Cheers,

Justin
 
madhatter
Posts: 223
Joined: Mon Jan 08, 2001 6:37 am

RE: Who Owns Iberia?

Wed Sep 26, 2001 5:18 am

I know that BA owns 9% and AA owns 1%. The other 90% I do not know. Sorry!!!
 
Skystar
Topic Author
Posts: 1339
Joined: Thu Jan 13, 2000 3:58 pm

RE: Who Owns Iberia?

Wed Sep 26, 2001 6:26 pm

Thanks for that,

Anyone else know? Surely we must have some Iberia fans out there?

American Airlines owning 1%? Is Iberia profitable?

Cheers,

Justin
 
767-332ER
Posts: 1974
Joined: Sun Mar 18, 2001 1:20 pm

RE: Who Owns Iberia?

Wed Sep 26, 2001 10:07 pm



They were state owned. Now they are privatized. AMR owns about 1-2% and BA owns 9%. Stockholders I believe own over 55%.
Twinjets...if one fails, work the other one twice as hard!!!
 
Skystar
Topic Author
Posts: 1339
Joined: Thu Jan 13, 2000 3:58 pm

RE: Who Owns Iberia?

Sat Sep 29, 2001 11:27 am

When were they privatised?

It just seems next to impossible to find Iberia Financial Info online.

So we've accounted for about 66%, does the state own the remainder?

Cheers,

Justin
 
aio86
Posts: 910
Joined: Sat Sep 16, 2000 12:16 pm

RE: Who Owns Iberia?

Sat Sep 29, 2001 4:17 pm

Does SEPI own part of them, or was that just Aerolineas Argentinas?

-aio86
 
LJ
Posts: 4181
Joined: Wed Nov 17, 1999 8:28 pm

RE: Who Owns Iberia?

Sat Sep 29, 2001 4:38 pm

Just look at the following link for the answer:

http://www.iberia.com/iberia_es/acerca_4.jsp

Regards
Laurens
 
Skystar
Topic Author
Posts: 1339
Joined: Thu Jan 13, 2000 3:58 pm

RE: Who Owns Iberia?

Sat Sep 29, 2001 6:13 pm

Lj,

Thanks for that link - very useful.

It's interesting how you can find somethings in Spanish, but not in English.

Cheers,

Justin
 
767-332ER
Posts: 1974
Joined: Sun Mar 18, 2001 1:20 pm

RE: Who Owns Iberia?

Sat Sep 29, 2001 10:07 pm



I didn't know El Corte Ingles owned part? So does Caja Madrid.
Twinjets...if one fails, work the other one twice as hard!!!
 
Notarzt
Posts: 646
Joined: Sun Dec 03, 2000 2:45 am

RE: Who Owns Iberia?

Sat Sep 29, 2001 10:35 pm

Folks,

For those who are interested and do not know yet:

Shareholder "BBVA" (7.3%) is one of Spain's main banks, Banco Bilbao-Viscaya.

Daniel
 
LJ
Posts: 4181
Joined: Wed Nov 17, 1999 8:28 pm

RE: Who Owns Iberia?

Sun Sep 30, 2001 12:32 am

Skystar, just change the country and you get all the info in English (look at the following link which is in English)

http://www.iberia.com/iberia_us/acerca_4.jsp

Anyway strange that Iberia doesn't have an investor relations site.

Regards
Laurens

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